{"id":157700,"date":"2023-09-07T11:38:02","date_gmt":"2023-09-07T06:08:02","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=157700"},"modified":"2023-09-07T11:38:06","modified_gmt":"2023-09-07T06:08:06","slug":"for-a-classical-wilson-model-of-determining-economic-order-quantity-eoq-the-carrying-and-ordering-costs-are-cr-and-co","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/for-a-classical-wilson-model-of-determining-economic-order-quantity-eoq-the-carrying-and-ordering-costs-are-cr-and-co\/","title":{"rendered":"For a classical (Wilson) model of determining economic order quantity (EOQ) the carrying and ordering costs are Cr and Co"},"content":{"rendered":"\n

Q. For a classical (Wilson) model of determining economic order quantity (EOQ), the carrying and ordering costs are Cr <\/em>and Co<\/em>, respectively. For an annual demand D, <\/em>the minimum yearly total inventory cost is<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Ans: Option C<\/p>\n\n\n\n

Sol:<\/p>\n\n\n\n

Carrying cost = Cr, Ordering Cost = Co, <\/p>\n\n\n\n

D = Anual demand For economic\u00a0order quantity EOQ,<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

at EOQ, OC = HC <\/p>\n\n\n\n

TIC = OC + HC <\/p>\n\n\n\n

TIC = 2 \u00d7 HC<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Q. For a classical (Wilson) model of determining economic order quantity (EOQ), the carrying and ordering costs are Cr and Co, respectively. For an annual demand D, the minimum yearly total inventory cost is Ans: Option C Sol: Carrying cost = Cr, Ordering Cost = Co, D = Anual demand For economic\u00a0order quantity EOQ, at […]<\/p>\n","protected":false},"author":419,"featured_media":157707,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5141],"tags":[5140],"class_list":["post-157700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gate","tag-gate-questions"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/157700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=157700"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/157700\/revisions"}],"predecessor-version":[{"id":157708,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/157700\/revisions\/157708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/157707"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=157700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=157700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=157700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}